Search Results Found For: "Lion Electric"

Tesla partners with New Jersey Turnpike to install 56 new fast chargers

The New Jersey Turnpike Authority has approved an agreement with Tesla that will bring new fast chargers to eight Turnpike service areas, increasing the total number of individual chargers on the Turnpike from 20 to 76. Once the project is complete, there will be EV charging facilities at nine of the twelve New Jersey Turnpike… Read more »

Q&A with Electrify America’s Chief Operating Officer

It would be understandable to be a bit skeptical about Electrify America—after all, it was founded by decree of a court, as atonement for VW’s diesel-related dirty deeds. However, by all accounts the company is taking its mission to increase EV adoption by building a first-class charging network quite seriously, and is setting a fine… Read more »

ChargePoint and Truck Stop Owners partner on EV charging

EV charging network ChargePoint has announced a collaboration with the National Association of Truck Stop Owners (NATSO) to greatly expand EV charging options across the US. The memorandum of understanding will help to establish public-private partnerships at off-highway fuel retailers across the nation. Over the next decade, ChargePoint and NATSO believe the project will deploy… Read more »

Total/Saft and Groupe PSA/Opel to launch pilot plant for battery production

Saft, an affiliate of French oil and gas company Total, and Opel, a subsidiary of French automaker Groupe PSA, are establishing a joint venture called the Automotive Cell Company (ACC), which will create EV batteries starting in 2023. The project will begin with a phase of research and development, including construction of a €200-million (about… Read more »

Second-life batteries used to charge buses in German pilot

The Volkswagen Group has partnered with MAN Truck & Bus on a pilot project that uses second-life batteries as stationary storage to support the charging of electric buses. At the bus depot of local transit operator VHH in the Bergedorf quarter of Hamburg, 50 battery packs, which were previously installed in VW Passat GTE plug-in… Read more »

BMW i Ventures invests in Software Motor Company developing switched reluctance technology

BMW i Ventures will invest in Software Motor Company (SMC), a Silicon Valley-based company with experience with HVAC retrofit motors. SMC will use the funding to expand its product line and bring to market its full-stack Building Operating System (BOS) platform, designed to optimize energy and maintenance through intelligent automation. SMC says it has developed… Read more »

AKASOL supplies battery packs for German fuel cell trains

AKASOL is slated to provide battery tech (including cables and temperature regulation equipment) to a fleet of more than 40 Alstom trains in Germany’s Lower Saxony and Rhine/Main transit regions. Supplying such a quantity of fuel cell-powered trains is a major deal for AKASOL, who stands to make tens of millions of Euros while expanding… Read more »

BorgWarner to acquire Delphi Technologies enhancing its power electronics products

Michigan-based parts supplier BorgWarner will acquire Delphi Technologies in an all-stock transaction that values Delphi at about $3.3 billion. BorgWarner stockholders are expected to own about 84 percent of the combined company. Delphi stockholders are expected to own the remaining 16 percent. BorgWarner and Delphi estimate they generated net sales of $10.17 billion and $4.36… Read more »

Tesla on a roll, shorts in the hole as record earnings and Model Y news send stock soaring

Should we pity the poor short sellers, who just lost a cool billion bucks in one day, and over 5 billion so far this year, according to S3 Analytics (via CNBC)? Nah – they should have heeded the old adage about repeatedly doing the same thing and expecting different results. Tesla announced a second straight… Read more »